Co-op Bank MD sells 10 million shares

Co-op Bank managing director Gideon Muriuki. FILE PHOTO | NMG

Co-operative Bank #ticker:COOP chief executive Gideon Muriuki has sold nearly 10 million shares of the lender worth Sh161 million, marking his latest trade in the Nairobi Securities Exchange-listed firm.

The bank disclosed in regulatory filings that Mr Muriuki’s stake dropped to 1.88 per cent (110.3 million shares) in December from 2.05 per cent (120.2 million shares) in September.

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